Deals
Spreadsheet Maker Airtable Taps Funds at $2.5 Billion Value
- Investors for the round include Thrive, Benchmark and Coatue
- Some $185 million to be spent to expand Excel alternative
Source: Airtable
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Spreadsheet startup Airtable has closed a round of funding that values the company at $2.5 billion.
The $185 million new investment was led by Thrive Capital. Existing investors, including Benchmark and Coatue Management, also participated. The round more than doubles the $1.1 billion valuation Airtable had in 2018. Airtable has raised more than $350 million to date, said a company spokesperson.